Loading…
A Food and Agriculture Organization-style dataset article summarizes global fertilizer market developments since June 2024. It notes 2023 production gains in urea and potash, slightly lower 2024 phosphate output, and steadier natural gas pricing into November.
Stable natural gas costs and modest phosphate output declines point to firm nitrogen and phosphate input costs for livestock feed producers, with little near-term relief expected.
doi.orgNov 14, 2024After 26 past neutral report events, Urea moved a median -0.4% over 5 sessions (42% higher; middle half -4.1% to +1.5%), and +0.9% over 20.
After 66 past bullish report events, DAP moved a median 0.0% over 5 sessions (41% higher; middle half -0.6% to +0.7%), and +0.3% over 20.
After 40 past neutral report events, Natural Gas moved a median +1.2% over 5 sessions (60% higher; middle half -3.5% to +2.8%), and +4.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
